Posts

Showing posts with the label USA made record fertilizer shipments from Russia in 2022

USA made record fertilizer shipments from Russia in 2022

Image
  Russia is the leading fertilizer exporting country in the world. Despite sharing bitter political relations with the USA, Russia is currently the second leading market for fertilizer imports by the United States. The latest US import data suggest that the country's fertilizers imports from Russia are about to cross $1 billion within the first six months of fiscal year 2023. As compared to last year, there was an increase of 5% in fertilizer imports by the USA. Whereas, Canada is the top fertilizer supplier to Russia in FY 2023 having exports worth $2.6 billion. There were considerable fertiliser exports made by Saudi Arabia, Qatar and Israel. US import export data shows that Saudi Arabia exported around $485 M and Israel, Qatar were responsible for $217 M & $214 M. Now, the USA slashed fertilizer imports by 20% and exports by 34%. Apart from fertilizers, the USA made a variety of imports from Russia which includes refined petroleum, platinum, ferroalloys, iron, crustaceans,...